Back to the bookshelf

Scarcity cover

Scarcity

by Sendhil Mullainathan and Eldar Shafir

  • FINISHED
  • Finished August 2016
  • First published 2013

behavioural economics psychology decision making

Shows that having too little of money, time or food narrows attention and impairs judgment.   It argues that poor decisions among the poor come from the burden of scarcity, not from character.